Annual & ESG Report 2023-2024

ABOUT THE REPORT

This Annual & ESG Report provides detailed information about Colgate-Palmolive (India)'s progress and highlights for the year ended March 31, 2024. This is the primary report to our stakeholders in which we aim to provide a balanced and accurate reflection of our value creation, materiality assessment and stakeholder engagement, through the deployment of the ESG framework as well as our future roadmap.

Scope and Boundary
This report covers the business activities of Colgate- Palmolive (India) Limited, which will be referred to as 'we', 'our', 'us', 'CPIL', 'Colgate-Palmolive (India)' and 'the Company'. The performance of all four manufacturing sites and our headquarters in Mumbai are covered in the report. Our parent company, Colgate-Palmolive Company, is headquartered in New York, USA with products marketed in more than 200 countries and territories throughout the world.
Reporting Standards and Frameworks

This Annual & ESG report FY 2023-24 complies with/reports on/references the following:

  • The Companies Act, 2013 and Rules framed thereunder
  • Business Responsibility and Sustainability Reporting (BRSR) based on the National Guidelines for Responsible Business Conduct (NGRBC)
  • Indian Accounting Standards
  • The Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • The Secretarial Standards on Board and General Meetings

The ESG section of this report has been prepared in accordance with the GRI (Global Reporting Initiative) Standards 2021 and further complies with/reports on/ references the following:

  • United Nations Sustainable Development Goals (SDGs)
Reporting Cycle

The information presented in this report pertains to the period from April 01, 2023, to March 31, 2024.

Forward-Looking Statement

All statements in this report that are not historical, may contain forward-looking statements, including words, phrases, and numbers that set forth targets for and projections for future results, the expected achievement and effect of our sustainability strategy and initiatives, and the amounts and timing of their expected impact based on management's current plans and assumptions. Forward-looking statements generally can be identified by words such as “believes," “expects," “estimates," “intends," “plans," “strives," “may," “could," “projects," “should," “will," “continue," “targets," “goals" and other similar expressions, and are based on the Company's views and assumptions as of the date they were made. The Company does not, nor does any other person, assume responsibility for the accuracy and completeness of those statements.

The Company cautions investors that any such forward-looking statements are not guarantees of future performance and that actual events or results may differ materially from those statements because of factors that affect international businesses and global economic conditions, as well as matters specific to the Company and the markets it serves.

The Company, based on any of the above factors, is free to modify, amend, alter or take necessary corrective changes in such manner that the forwardlooking statements contained herein may alter and the Company undertakes no obligation to update these statements whether as a result of new information, future events or otherwise, except as required by law or by the rules and regulations.

Feedback

Our commitment to listening to our stakeholders is unwavering, and we welcome your feedback on our report. Please feel free to contact us at cpilagm@colpal.com or feedbackesg@colpal.com for any comments or clarifications.

 
Colgate ESG
Colgate ESG